On May 14th, it was learned from Sinopec that a shale gas exploration well located in the Sichuan Basin has a vertical depth of over 5300 meters, breaking the record for vertical depth of shale gas wells in China and providing reference experience for ultra deep shale gas exploration in China. China has the resource characteristics of being rich in coal, poor in oil, and lacking in gas, making it a major importer of oil and gas. In recent years, with the continuous innovation of key technologies in oil and gas exploration and development, shale gas is becoming a replacement field for China’s oil and gas exploration and sustainable reserve and production growth.
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